The Things Industries reaches 1mn of connected devices to their LoRaWAN network server infrastructure
The Things Industries, a LoRaWAN Internet of Things solutions provider, has reached 1 million of connected devices to their network server infrastructure – The Things Stack. Reaching 1 million connected devices is a testament to the reliability and scalability of The Things Stack. The million devices are distributed across a large base of customers, system integrators and device vendors across the globe. All delivering data and pushing their IoT business models for which they were put in place.
The Things Stack is designed to provide a secure way for businesses and organisations to connect and manage their low-power and long-range LoRaWAN IoT devices across a variety of verticals. The most recent customer highlights include the deployment of 150K smart water metres for Severn Trent Water, 47 000 air quality sensors across 1700 schools in Canada, smart workplace solutions across commercial real estate in the US and Europe, and enabling LoRaWAN for Deutsche Bahn.
Wienke Giezeman, CEO, The Things Industries, says “We are very proud to have come to this milestone. These connected devices of our customers all carry strong Internet of Things business cases that drive efficiency and sustainability. It is an honor to serve our customers in all corners of the globe with their different Internet of Things LoRaWAN use cases. With an average total cost of ownership of a device in the field of 200 dollars and a minimum 4 year return of 5x on that investment, we estimate our platform contributes to a more than 1 billion efficiency effort by our customers.”
In 2023, The Things Industries is projected to continue its growth by supporting the ever-increasing need for enterprise IoT and smart city networks across the world.
Learn about The Things Stack here.
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